# Parry Singh

> Parry Singh, also known as Parminder Singh, is a Chicago-based American entrepreneur and the founder of Red Fort Capital. His career includes engineering at Symbol Technologies, investment banking at Chase Securities, co-founding EthnicGrocer.com, leading American Capital Realty and founding CarDr. Red Fort’s work spans Indian property investment and secured business lending.

- **Role:** Founder & CEO at Red Fort Capital; Founder & Chairman at CarDr
- **Organizations:** Red Fort Capital, Red Fort Capital Finance Company Private Limited, CarDr.com, EthnicGrocer.com, American Capital Realty, Chase Securities, Symbol Technologies, State of Illinois TechVenture Committee
- **Nationality:** American
- **Education:** MBA, Northwestern University, Kellogg School of Management, M.S. in Electrical Engineering, State University of New York at Stony Brook, B.Tech. in Computer Engineering, Guru Nanak Dev University
- **Known for:** Co-founded EthnicGrocer.com, which secured backing from Kleiner Perkins and Benchmark., Led Red Fort Capital’s property investment business, with $1.3 billion in managed assets recorded in an October 2025 rating report., Recipient of Ernst & Young’s Emerging Entrepreneur of the Year award for the Lake Michigan area, according to his personal website.

## Career timeline

- **1993-1997** — Held engineering and program management roles at Symbol Technologies, subsequently acquired by Motorola.
- **1997-1999** — Studied for an MBA at Kellogg; professional experience also included Chase Securities.
- **1999** — Co-founded EthnicGrocer.com with Subhash Bedi; the company received $12 million from Kleiner Perkins and Benchmark in December.
- **Before 2004** — Served as managing partner of American Capital Realty, overseeing more than $400 million in North American property transactions.
- **2004** — Founded Red Fort Capital, as recorded in his biography and credit-rating reports.
- **2007** — Listed by PERE among its 100 influential names in real estate, according to his LinkedIn awards section.
- **2011** — Acquired the company subsequently known as Red Fort Capital Finance Company Private Limited.
- **2012** — The acquired NBFC commenced lending operations.
- **2025** — Published a CarDr article on overlooked diagnostic trouble codes and dealer costs.

## Achievements

- Co-founded EthnicGrocer.com, which secured backing from Kleiner Perkins and Benchmark.
- Led Red Fort Capital’s property investment business, with $1.3 billion in managed assets recorded in an October 2025 rating report.
- Recipient of Ernst & Young’s Emerging Entrepreneur of the Year award for the Lake Michigan area, according to his personal website.
- Named to Crain’s 40 Under 40 and PERE’s influential real-estate list, according to his published biographies.
- Recipient of Kellogg’s Top Student award, according to his company biography.

## Latest updates

- **2025-10** — An October 30 rating report reaffirmed CARE BBB-; Stable for Red Fort Capital Finance’s long-term bank facilities. It recorded AUM of ₹114.31 crore and gross NPAs of 10.72% as of June 30, 2025.
- **2025-02** — Published “Top DTC Codes Robbing Dealers Blind” on February 1, discussing diagnostic faults and their financial impact on used-car dealers.
- **2024-10** — Financial Express reported ₹22 crore in debt funding from SBI and an NBFC, and AUM above ₹100 crore.

## Links

- Website: https://parrysingh.com/
- LinkedIn: https://www.linkedin.com/in/parry-singh

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Profile page: https://yespress.io/parry-singh
Published by YesPress — https://yespress.io
Last updated: 2026-10-09